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ASSIGNMENT OF ACCOUNTS RECEIVABLE WITH NO RECOURSE LETTER

We’ve prepared a bundle of letter templates to be used in general business situation. Feel free to use them with our compliments. However we ask that you do not reproduce these templates on any medium for public display or re-sale.

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ASSIGNMENT OF ACCOUNTS RECEIVABLE
[With Non-Recourse]

FOR VALUE RECEIVED, the undersigned hereby sells and transfers all right, title and interest in and to the account[s] receivable as annexed; to _. The undersigned warrants that the said account[s] are just and due and the undersigned has not received payment for same or any part thereof; provided, however, that said account[s] are sold
without recourse to the undersigned in the event of non-payment.

Signed under seal this_ day of _, 20_.

 

__________________________

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